Automotive Airbag Market to Reach USD 27.63 Billion by 2030, Driven by Increasing Safety Awareness
Summary:
The Automotive Airbag Market is projected to grow from USD 14.08 billion in 2023 to USD 27.63 billion by 2030, at a compound annual growth rate (CAGR) of 10.11%. This press release provides an overview of the market size, segmentation, major manufacturers, regional analysis, and the impact of COVID-19 on the industry.
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B) Overview:
This report aims to provide insights into the Automotive Airbag Market, focusing on key aspects such as market definition, segmentation, growth potential, significant trends, and the challenges faced by the industry. The research is based on reliable data sourced from company reports, industry journals, and verified by experts, ensuring a comprehensive understanding of the market dynamics.
C) Market Scope:
The scope of the market analysis covers the global regions, examining market size, trends, and the forecast from 2024 to 2030. The analysis includes market players, raw material suppliers, equipment suppliers, end-users, traders, and distributors. It also delves into the price and profit status, marketing trends, and market development by types and applications.
D) Segmentation:
The Automotive Airbag Market is segmented based on:
- Types: Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag
- Vehicle Type: Passenger Cars (PC), Light Commercial Vehicle (LCV), Buses, Trucks
- Module: Inflator or Gas Generator, Air Bag
E) Major Manufacturers:
- ABC Group
- AB Tube Processing, Inc.
- ACS Industries, Inc.
- Advanced Elastomer Systems
- Am-Safe Commercial Products
- Amphenol Corporation
- Analog Devices, Inc.
- ARC Automotive, Inc.
- Ashimori Industry Co., Ltd.
- Calsonic Kansei
- China National Bluster (Group) Corporation
- Chukoh Chemical Industries, Ltd.
- Daicel Chemical Industries Ltd.
- East Joy Long Airbag Motor Co. Ltd.
- Gaotian (Shanghai) Automobile Safety Device Co., Ltd.
- Global Tek (Wuxi) Co. Ltd.
- Fujitsu TEN Ltd.
- Furukawa Electric
- Hanwha Group
- Hyosung Corporation
- Hyundai Mobis
F) Regional Analysis:
The report covers the global regions with a focus on market size, growth trends, and forecasts for 2024-2030. It also includes the position of major players in the market, their product offerings, and regional market shares. This analysis helps in understanding the regional differences in market behavior, pricing strategies, and consumer preferences.
G) COVID-19 Impact Analysis:
The COVID-19 pandemic has had a significant impact on the Automotive Airbag Market. The report discusses how the pandemic has disrupted the supply chain, production processes, and overall market demand. Despite these challenges, the market is expected to recover and grow, driven by the ongoing emphasis on safety and regulatory requirements.
H) Key Questions Answered:
- What is the role of automotive airbags in vehicle safety?
- What is the projected revenue of the Automotive Airbag Market by 2030?
- What are the key growth drivers of the market?
- Who are the major players in the Automotive Airbag Market?
- How has COVID-19 affected the market?
I) Table of Contents:
- Introduction
- Market Overview
- Market Size and Forecast
- Market Segmentation
- Regional Analysis
- Impact of COVID-19
- Key Players
- Conclusion
For further details, feel free to reach out to us at any time: https://www.maximizemarketresearch.com/market-report/automotive-airbag-market/11119/
About Us:
Maximize Market Research is a leading market research and business consulting firm catering to global clients across various industries, including IT and telecom, chemicals, food and beverage, aerospace and defense, and healthcare. Our in-depth industry knowledge and research methodologies help businesses navigate complex markets and make informed decisions.
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